Crypto Trends Chart Book: Understand What is Moving in the Market and Why

Signals That Move Markets

Chainlink (LINK-USDT is above the 7-day moving average -> bullish, and is above the 30-day moving average -> bullish, with 1 week change of +1.6%) reaching a six-month high as its partnership with Intercontinental Exchange (ICE) broadened access to institutional-grade FX and precious metals data via on-chain feeds, boosting demand.

Its Total Value Secured soared to over $93 billion across DeFi platforms, reflecting surging utility and trust in its oracle network.

The activation of its reserve mechanism bolstered confidence by converting fees into on-chain LINK reserves.